MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  August 18, 2016 (REPORT 33)                   


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Dry buttermilk production is declining in the Central region. 
Numerous manufacturers report moving buttermilk as condensed and are 
foregoing the drying process for the time being. Continued demand for 
condensed buttermilk from ice cream manufacturers combined with limited 
dryer space availability have left many market participants in the 
Central region with tight dry buttermilk stocks. Many manufacturers are 
reporting little to no spot load availability. However, there are a few 
manufacturers with Q2/Q3 production in inventories. Those manufacturers 
express light interest in moving stocks in the near term. Demand is 
mostly steady. A few buyers report some difficulty identifying dry 
buttermilk on the spot market. The market undertone is firming.
EAST: Prices for dry buttermilk are steady. Manufacturing schedules 
remain light, with butter churning somewhat limited because of cream 
sales. The market shows heavier demand for condensed buttermilk. As a 
result, less condensed buttermilk is available for drying. Contract 
sales are timely, with no reports of producers being behind on orders. 
Inventories of dry buttermilk are light to adequate. Dry buttermilk 
availability in spot markets is limited. Market indicators suggest a 
steady market, with anticipated firming as prices change with NDM.

F.O.B. CENTRAL/EAST:    .7800 - .8600                                                                                   

1100CT daneil.johnson@ams.usda.gov/Amy.L.Schmitz@ams.usda.gov
USDA/AMS/Dairy Market News, Madison, Wisconsin (608)557.7006
Dairy Market News website: http://www.ams.usda.gov/market-news/dairyy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home